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The cost of doing too little too late: How cryptocurrencies can undermine domestic resource mobilization in developing countries

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UNCTAD. 2022. “The Cost of Doing Too Little Too Late: How Cryptocurrencies Can Undermine Domestic Resource Mobilization in Developing Countries.” UNCTAD POLICY BRIEF JULY 2022 No. 1024. New York City, NY, USA: United Nations Conference on Trade and Development.

* Financing for development requires that developing countries staunch leakages of financial resources,
including leakages through a new channel – cryptocurrencies.
• The international community needs to act fast and launch a comprehensive global cryptoregulation and
information-sharing system.

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